BRICKS loves AWB

[BRICKS]

CANT find any file for AWB [AUSTRALIA WHEAT BOARD] so lets GO AWB B shares traded on ASX last $A3.76, Div 7.7% PE 8, a gift all this enquiry is about political games by the Labour party that aside the company rolls on its a BUY have a LOOK.. [8D]

[kura]

Morals aside, there are others (ie Futuris/Elders) who have been lobbying for AWB to lose its monopoly rights for years, Personally, I think the kickback scandal, could tip the balance.

[OneUp]

BRICKS, don't you think using HISTORICAL earnings and yields - data derived from a period when AWB enjoyed a monopoly on wheat exports - is a highly dubious method of valuing AWB in the future given that it seems likely to lose it's license (and associated profits).

In my view, AWB is a real loser, so much so that I have to disclaim that I have not wasted any time looking at the details when the big picture is so bleak

PS: Cujo, I see we agree on something for once. Next you'll be calling TRS the pick of the year

[BRICKS]

quote:Originally posted by cujodog

I don't know how you could seriously buy this share considering it was paying kickbacks to a murderous regime.

THE DILL of NZ who told us in many words he was out of stock markets now knows virtue about nothing and share advice as before give UP.. [8D]

[BRICKS]

AT all time low so BRICKS has had a GO.. [8D]

[BRICKS]

quote:Originally posted by BRICKS

AT all time low so BRICKS has had a GO.. [8D]

JUMPED 10% in one DAY..[8D]

[BRICKS]

quote:Originally posted by BRICKS

AT all time low so BRICKS has had a GO.. [8D]

JUST had a giggle on the way to the BANK.. [8D]

[BRICKS]

quote:Originally posted by BRICKS

quote:Originally posted by BRICKS

AT all time low so BRICKS has had a GO.. [8D]

JUST had a giggle on the way to the BANK.. [8D]

WELL back in again at its low with the media giving it the FULL blast its on the buyer side will do another bounce that's all we NEED.. [8D]

[SEC]

Wot a clanger, AWB forward selling wheat at a fraction of the spot price, they knew full well another drought was on the cards which would result in reduced supply and drive up prices yet sold at a deep discount anyway.

A grossly mismanaged company that fully deserves the pummelling the market has recently given it.

Don't know why you were dabbling in this one KING and hope you had stop losses in place before it went pear shaped.

SEC

[stevieb]

Hey BRICKS,

have you attempted to compare AWB with some of it's competitors (yes I know it's a monopoly, but ABB or Graincorp could easily pick up it's business if that monopoly right is taken away, which looks at least possible at the moment).

Would be interested to know if you have compared AWB to ABB for example.

Cheers